Total monthly cost of ownership
Cost to Own a Home in Hartford City, Indiana
A $78,000 home here costs
$784per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $401. The real number is $383 higher every month — 95% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Hartford City against Blackford County and Indiana
| Measure | Hartford City | Blackford County |
|---|---|---|
| Median home value | $77,800 | $96,700 |
| Median property tax | $638 | $779 |
| Effective tax rate | 0.820% | 0.806% |
| Median gross rent | $619 | $635 |
| Population | 5,685 | 12,007 |
The weather behind that power bill
Hartford City sits in Blackford County, which averages a high of 83.2°F in its hottest month and a low of 18.9°F in its coldest, with 41.74" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 887 cooling and 5,828 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Blackford County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Blackford County
Full Blackford County cost breakdown · Every county in Indiana
Common questions
How much does it cost to own a home in Hartford City?
A $78,000 home in Hartford City, Indiana costs approximately $784 per month with 20% down at 6.66%. That is $401 principal and interest, $53 property tax, $33 homeowners insurance, $231 utilities and $65 set aside for maintenance.
What is the property tax rate in Hartford City?
Hartford City has an effective property tax rate of 0.820%, based on a median home value of $77,800 and median real estate taxes of $638. That is higher than the Blackford County average of 0.806%.
What is the average home price in Hartford City?
The median owner-occupied home value in Hartford City, Indiana is $77,800, against $96,700 across Blackford County.
Is it cheaper to rent or buy in Hartford City?
Median gross rent in Hartford City is $619 a month, against $784 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Hartford City — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Indiana.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.